: :inin Kyiv (EET)

State Food and Grain Corporation of Ukraine doubles flour exports in 2016-2017 marketing year


The State Food and Grain Corporation of Ukraine (SFGCU) has exported 43,000 tonnes of flour and over 20,000 tonnes of bran since the beginning of the current 2016-2017 marketing year (MG, July 2016 – June 2017), which is more than twice as much as in 2015 – 2016 MY, Director of SFGCU Department for Elevator Activity and Finished Products Sales Hennadiy Hordienko said, according to the SFGCU press service.

Given the specified volume of the supplies to foreign markets, the SFGCU is Ukraine`s top flour exporter, the press service said.

”Since July, we have shipped to the foreign markets nearly 43,000 tonnes of flour and over 20,000 tonnes of bran, which is much more than last season. Noteworthy, the corporation exported 19,500 tonnes of flour and 4,700 tonnes of bran in the same period of 2015 – 2016 MY. So, we see more than a twofold increase [in exports],” the press service quoted Hordienko as saying.

Today, the Corporation exports flour to such countries as North Africa, Angola, Israel, Palestine, the United Arab Emirates, Indonesia, Korea, the Dominican Republic, Venezuela, and others, the report said.

This year, SFGCU plans to expand its portfolio of processed products exports and start export supplies of cereals and muesli.

Earlier, SFGCU planned to increase the export of flour by 2019, to 280,000 tonnes.

In 2015-2016 MY, Ukrainian farmers exported 344,000 tonnes of wheat flour, which was 32.5% up from 2014-2015 MY, while the price of Ukrainian flour was the world`s lowest.

The State Food and Grain Corporation of Ukraine is a vertically integrated company that performs the complete cycle of operations with cereals and processed products, ranging from production to exports. The SFGCU has 55 branches, with a total working capacity of 3.75 million tonnes of crops, including total capacity for handling the exports via Odesa and Mykolaiv seaports of about 2.5 million tonnes of grain cargoes per year.

UaPositon

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